Venezuela’s economy could be getting a boost soon, as the country’s state oil company recently signed deals with several global oil companies. However, questions remain over how the deals can help the country’s oil giant return to profitability. CCTV’s Martin Markovits reports from Caracas.

Venezuelan Oil Giant Signs Deals in Bid to Boost Production

Venezuela's economy could be getting a boost soon, as the country's state oil company recently signed deals with several global oil companies. However, questions remain over how the deals can help the country's oil giant return to profitability. CCTV's Martin Markovits reports from Caracas.